Sei (SEI) price prediction: volume surged by 46%, upward target is $0.74

After several weeks of decline, Sei (SEI) successfully broke through a major downtrend line and stabilized at the support level of $0.20. In the past 24 hours, the price of the token rose by 4.4% to $0.2055, with daily volume surging 46.61% to $87.42 million. Technical indicators show that the Relative Strength Index (RSI) is recovering from the Oversold area, and the MACD histogram has turned positive. Analysts predict that if the bullish momentum continues, the resistance targets for SEI could reach $0.27, $0.36, or even $0.74. The conservative price forecast range for 2025 is between $0.15 and $0.45.

Technical Reversal: SEI Moves Out of Several Weeks of Downward Pressure Zone

Sei has recently shown obvious signs of recovery, successfully breaking through the downward trend line that had suppressed its price for several weeks. The current trading price of the token is 0.2055 USD, with a rise of 4.4% recorded in the last 24 hours.

Market data and trading activity increase

• Market Position: SEI has a market capitalization of 1.27 billion USD, ranking 99th globally.
• Volume Surge: Daily trading volume reached $87.42 million, a significant increase of 46.61% compared to the previous day, indicating a notable resurgence in trader interest.
• Weekly Rise: In the past week, SEI recorded a rise of 5.63%, indicating that traders are starting to pay attention to this asset.

Technical analysis on social media shows that SEI has broken through an important downtrend line and is currently consolidating above the support area of 0.1800 USD. This area has acted as a demand zone in recent trading sessions. Analysts believe that maintaining this base will help SEI test higher resistance levels.

potential price target

• Short-term targets: Initial targets include 0.2106 USD and 0.2285 USD.
• Continue to rise: If buying pressure continues, the price is expected to extend to the range of 0.2400 to 0.2503 dollars.

The price chart shows that SEI is forming “higher lows” after a sharp fall at the beginning of October, a pattern that is often interpreted as a potential reversal signal indicating that sentiment may shift from bearish to bullish.

Technical Indicator: Bullish Momentum is Building Up

The current technical indicators are providing support for Sei's ongoing recovery, but a key threshold still needs to be broken to confirm the trend.

RSI exited the Oversold zone

The Relative Strength Index (RSI) is currently at 39.33, recovering from oversold conditions, and has crossed above its moving average of 33.63, indicating that bearish momentum is weakening.

Confirmation signal: However, the RSI is still below the neutral mark of 50. To confirm a sustained recovery trend, the RSI needs to break above this level, accompanied by a rise in the daily closing price.

MACD turns bullish

The MACD (Moving Average Convergence Divergence) shows that the MACD line (-0.0224) is close to crossing above the signal line. More importantly, the MACD histogram has turned slightly positive at 0.0018, indicating that market momentum may be shifting in favor of buyers.

Analyst Outlook: SEI Long-Term Goals and Price Predictions for 2025

Crypto analyst Profit Demon identified a “descending channel pattern” on the three-day chart, which is typically a precursor to a breakout.

Long-term resistance level and accumulation phase

Analysts predict that if the bullish cycle continues, the resistance targets for SEI may sequentially be $0.27, $0.36, $0.52, and $0.74. Momentum indicators suggest that SEI may be in an accumulation phase.

Comparison of price predictions for 2025

Price predictions vary significantly, with DigitalCoinPrice being more optimistic, suggesting it could reach $0.45 by the end of the year; whereas Changelly's forecast is more conservative, estimating an average price of around $0.199.

Conclusion

Sei (SEI) has shown a positive shift in key technical indicators, particularly the breakout of the downtrend line and a significant increase in volume, strongly suggesting that its price may have bottomed out. The current price is consolidating between $0.19 and $0.20, and if it can sustain trading above this range, it will open the way to the resistance level at $0.22. Investors should pay attention to whether the RSI can break above the 50 neutral line, which will be an important signal confirming the trend reversal.

Disclaimer: This article is for informational purposes only and does not constitute any investment advice. The cryptocurrency market is highly volatile, and investors should make cautious decisions.